BenefitsWire

“On August 13, 2026, Assistant Attorney General Colin M. McDonald issued a memorandum to all personnel of the Department of Justice’s (DOJ) newly created National Fraud Enforcement Division (the Fraud Division).” MORE >>

Source: Foley & Lardner

“The DOL has updated its Model Annual Funding Notices to incorporate SECURE 2.0 requirements. Key changes include expressing funded status as 'percentage of plan liabilities funded' using fair market values, requiring investment return data for the plan year, mandating participant counts for the three preceding plan years in tabular format, expanding the PBGC section for clarity, and removing the disclosure of 'at-risk' liability calculations for underfunded plans.” MORE >>

Source: Verrill

“Notice on public inspection, scheduled to publish 2026-09-04.” MORE >>

Source: Federal Register

“Articles + Publications September 9, 2026 Todd L. Cooper Walter J. St. Onge, III Jennifer Capasso Mendonça Neal R. Pandozzi Stephanie H. Massey On September 4, 2026, the Internal Revenue Service (IRS) published in the Federal Register a Notice of Proposed Rulemaking (REG-119986-25, RIN 1545-BS05) (Notice).” MORE >>

Source: Troutman Pepper Locke

The IRS is requesting comments on the information collection requirements for Form 1098-E, which relates to student loan interest. This may affect institutions and individuals involved in student lending. MORE >>

Source: Federal Register

"On August 11, 2026, the Internal Revenue Service (“IRS”) and Department of Treasury (the “Department”) released proposed regulations governing employer contributions to Trump Accounts (“TAs”) and long-awaited nondiscrimination guidance regarding Dependent Care Assistance Programs (“DCAPs”). The rules establish the operational framework for Trump Account employer contribution programs (“TACPs”) while also clarifying DCAP and TACP nondiscrimination testing requirements. Although the rules are in proposed form, plan sponsors may rely on the guidance when implementing TACPs and performing nondiscrimination testing until the regulations are finalized." MORE >>

Source: Trucker Huss

“Supervisors and managers are prohibited from retaining tips from tip pools under any circumstances. “Manager” and “supervisor” status is determined by duties, not titles (29 CFR § 541.100(a)(2)–(4)). WHD Opinion Letter FLSA2025-03 emphasizes a duties-based analysis for tip pool eligibility. Private-sector employers generally cannot accept volunteer labor—even if employees wish to “volunteer.” The new IRC § 224 “No Tax on Tips” deduction does not extend to managers receiving tips in a managerial capacity.” MORE >>

Source: Pierson Ferdinand

“Acas has published a consultation on a revised draft Code of Practice on disciplinary and grievance procedures with a view to “fixing the friction” and promoting better early resolution of concerns in the workplace. The current proposed draft is a much expanded and materially reworked version of the existing Code and is described as playing a “critical role in a wider reset to build good workplace relations.” The consultation is open for feedback until 23 September 2026. Overview of the Consultation The Acas Code of Practice on disciplinary and grievance procedures (the ‘Code’) has long been a cornerstone for navigating workplace disputes in the UK. While a failure to follow the Code does no” MORE >>

Source: Littler

“Kathleen commented on the Serious Fraud Office’s (SFO) first corporate plea settlement in five years, in which defense contractor Ultra Electronics agreed to pay £15 million after admitting it failed to prevent bribery in pursuit of contracts in Oman and Algeria. She told the publication the agreement showed that despite the SFO’s shift toward tackling offending with a domestic impact, the agency remains willing to deal with clear-cut instances of overseas corruption.” MORE >>

Source: Arnold & Porter

“Treasury is considering whether to amend Treas. Reg. § 1.401(a)(31)-1, Q&A-4, which permits a direct rollover check to be delivered to the participant, and whether to remove the related safe harbor in Revenue Ruling 2014-9. Future guidance could require a rollover to be completed by electronic transfer or by a paper check sent directly to the receiving plan. The agencies are also considering safe harbors for plans that use forms similar to the samples, and clarifying that plans may not require a Medallion Signature Guarantee, distribution letter, or similarly burdensome documentation.” MORE >>

Source: jdsupra.com